Worth applying a few caveats here to normalise those figures if the company is a shell going forward
on the income side
- Production uptime has been significantly impacted on SM71 in the past 6 months they have had >4 weeks of downtime and freezing temps impacted production in December through January. Expect this has resulted in income for the 6 months being USD$1m lower than it would of been.
on the cost side
- one off staff/admin/corp restructure costs - down sizing the team (getting rid of Mike U & VP exploration etc). Cost ~$0.5M
- One off development costs - cost $2.2M
So net net this should improve your numbers from $2.3M to $6M - annualising to $12M which would bring down the PE from your 3x-4x to <1.5x
Worth applying a few caveats here to normalise those figures if...
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Last
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Change
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Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
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Change
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| Last updated 15.08pm 29/04/2024 ? | |||||
| OEL (ASX) Chart |